An adjustable-rate mortgage is a type of home loan where the interest rate can change after an initial fixed period, leading to unpredictable payments. Unlike fixed-rate mortgages, which have the same ...

The Federal Open Market Committee’s (FOMC) series of rate hikes throughout 2022 and 2023 left ARM mortgage rates relatively high, but the time for rate cuts finally arrived in 2024. The Fed conducted ...

Adjustable-rate mortgages, or ARMs, can save you money when their starting rates are lower than fixed mortgages. In atypical economic conditions, ARM rates can be higher than fixed rates. When rates ...

For those of us who lived through the housing crisis of 2008, you may associate adjustable rate mortgages (ARMs) with predatory lending practices and mass foreclosures. But today’s ARMs have been a ...

In a decidedly unoptimistic forecast, economists from the Mortgage Bankers Association (MBA) said at the group’s annual ...

A hybrid mortgage combines the stability of a fixed-rate mortgage with the flexibility of an adjustable-rate mortgage (ARM). This type of mortgage offers a fixed interest rate for an initial period, ...

ARMs typically come with lower initial interest rates than traditional fixed-rate mortgages, making them a popular way for homebuyers to save money when fixed rates are high. However, ARMs come with ...

When interest rates rise, homebuyers look for ways to make their purchases more affordable. And that means adjustable-rate mortgages, or ARMs, are on the table. But today’s ARM rates are all over the ...

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...